How can I format a decimal to always show 2 decimal places in Python?

How can I format a decimal to always show 2 decimal places in Python? I want to display values like:

- 49 as 49.00
- 54.9 as 54.90

Regardless of the number of decimal places, I want to ensure that the decimal is always displayed with 2 decimal places. This is for displaying monetary values, and I would like to do this in an efficient manner.

For example, the number 4898489.00 should also be formatted properly.

It looks like you’re using the Decimal objects from the decimal module, which is great for handling fixed-point arithmetic. The Decimal class has a quantize() method that can round a number to a fixed number of decimal places, which is exactly what you need for formatting values like money.

Here’s a simple example:

from decimal import Decimal, Context, Inexact

# Define the precision
TWOPLACES = Decimal(10) ** -2  # This represents 0.01

# Round to two places
formatted_decimal = Decimal('3.214').quantize(TWOPLACES)
print(formatted_decimal)  # Outputs: 3.21

For validating that a number doesn't exceed two decimal places, you can use the Inexact trap, which will raise an exception if the number has more than two decimal places:
try:
    Decimal('3.214').quantize(TWOPLACES, context=Context(traps=[Inexact]))
except Inexact:
    print("Number exceeds two decimal places.")

Additionally, to maintain two decimal places across your application, you can rely on string conversion after rounding:
formatted_string = str(Decimal('10.00'))
print(formatted_string)  # Outputs: 10.00

You can format your decimal values directly with string formatting:

value = 49
formatted_value = "{:.2f}".format(value)
print(formatted_value)  # Outputs: 49.00

Python 3.6+ supports f-strings, which provide a concise and efficient way to format strings:

value = 54.9
formatted_value = f"{value:.2f}"
print(formatted_value)  # Outputs: 54.90